During his two-day visit to India, Manturov also engaged in discussions with External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval. This visit was particularly significant due to the escalating conflict in West Asia.
”We talked about our mutually beneficial collaboration in trade, fertilizers, connectivity, and people-to-people relations,” Modi shared on social media.
”I appreciated the ongoing efforts from both sides to implement the outcomes from the 23rd India-Russia Annual Summit that took place during President Putin’s visit to India last December,” he added.
The Russian first deputy PM updated Modi on the advancements in various fields of shared interest, particularly regarding trade and economic partnerships, as noted in an Indian statement.
Modi expressed satisfaction with the persistent efforts being made by both parties to realize the agreements reached during the India-Russia summit held when President Vladimir Putin visited New Delhi in December.
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The prime minister conveyed warm regards to President Putin and stated his eagerness for their ongoing exchanges.
The Russian embassy noted that Modi and Manturov discussed ”specific actions to execute the agreements made” during the December summit.
”We focused extensively on enhancing Russia-India trade, economic ties, investment, energy, and industrial collaboration,” it stated on social media.
In their discussions, Doval and Manturov reportedly covered bilateral defense cooperation and the evolving regional security landscape, particularly the conflict in West Asia.
The Russian first deputy PM’s visit to New Delhi follows India’s approval for the procurement of an additional batch of five S-400 missile systems from Russia.
This decision to acquire more S-400 air defense missile systems was influenced by the system’s proven capabilities during Operation Sindoor.
The missile system played a pivotal role in India’s superiority over Pakistan during the hostilities from May 7-10 last year.
In October 2018, India entered into a $5 billion agreement with Russia to purchase five units of S-400 air defense missile systems, despite a warning from the US that proceeding with the contract could lead to sanctions under the Countering America’s Adversaries Through Sanctions Act (CAATSA).
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Three squadrons have already been delivered.
During the discussions, both parties are also anticipated to share perspectives on the West Asia conflict and its implications for the global economy, particularly within the energy sector.
It is understood that both sides reviewed the execution of decisions made at the summit talks between Modi and Putin in December.
Following their discussions, India and Russia announced a comprehensive range of measures, including a five-year plan aimed at establishing a robust economic partnership and increasing annual trade to $100 billion by 2030.
Recently, Russian Foreign Minister Sergey Lavrov praised India’s ”independent foreign policy” and expressed Russia’s eagerness to host Prime Minister Modi for a visit this year.
In a speech at a conference titled ’India and Russia: Towards a new bilateral agenda’, he remarked that the ”time-tested” friendship between the two nations exemplifies interstate relations built on mutual trust and respect.
